Ashish Polyplast Limited

Manufacturer and trader of braided and flexible hoses for various industries, with global exports.

1994 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Ashish Polyplast Profile

Key Indicators

  • Authorised Capital ₹ 3.75 Cr
  • Paid Up Capital ₹ 3.40 Cr
  • Company Age 31 Year, 20 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.40 Cr
  • Satisfied Charges ₹ 2.53 Cr
  • Revenue Growth -2.34%
  • Profit Growth -41.13%
  • Ebitda -1.55%
  • Net Worth 3.12%
  • Total Assets 6.37%

About Ashish Polyplast

Ashish Polyplast Limited (APL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 February 1994 and has a history of 31 years. Its registered office is in Ahmedabad, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522241 and on the National Stock Exchange(NSE) under MMFL.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.75 Cr and a paid-up capital of Rs 3.40 Cr.

The company currently has active open charges totaling ₹3.40 Cr. The company has closed loans amounting to ₹2.53 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ashish Polyplast Limited India are Kalpesh Kansara as CFO and Aayushi Soni as Company Secretary. Khushbu Kansara, Rakesh Panchal, Kantaben Panchal, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L17110GJ1994PLC021391

  • Company No.

    021391

  • Stock Symbol

    BSE : 522241 NSE : MMFL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    25 Feb 1994

  • Date of AGM

    11 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Ashish Polyplast Limited offer?

Ashish Polyplast Limited offers a wide range of products and services, including Hoses & Hose Fittings, Rubber Hose, Duct Hose, Garden Hose Pipe, Hose Pipes, Industrial Hoses, Suction Hose, Water Hose Pipe.

Company report

Ashish Polyplast Limited

Explore comprehensive data for Ashish Polyplast Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Ashish Polyplast?

Executive Team (3)

NameDesignationAppointment DateStatus
Kalpesh Kansara Country flag representing In CFO05-Jul-2017Current
Aayushi Soni Country flag representing In Company Secretary08-Apr-2019Current
Ashish Panchal Country flag representing In Managing Director16-Jan-2001Current

Board Members (3)

NameDesignationAppointment DateStatus
Khushbu Kansara Country flag representing In Director 30-Aug-2022Current
Rakesh Panchal Country flag representing In Director 28-Feb-2014Current
Kantaben Panchal Country flag representing In Director 07-Apr-1996Current

Financial Performance of Ashish Polyplast.

Ashish Polyplast Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.34% decrease. The company also saw a substantial fall in profitability, with a 41.13% decrease in profit. The company's net worth moved up by a moderate rise of 3.12%.

Ashish Polyplast revenue growth over time
Ashish Polyplast profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-2.34%
Revenue from Operations
-1.28%
Total Assets
6.37%
Profit or Loss
-41.13%
Net Worth
3.12%
EBITDA
-1.55%

What is the Ownership and Shareholding Structure of Ashish Polyplast?

In 2022, Ashish Polyplast had a promoter holding of 62.09% and a public holding of 37.91%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.40 Cr

Satisfied Charges

₹2.53 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.00 Cr
  • Hdfc Bank Limited : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
07 Nov 2022Hdfc Bank Limited₹3.98 MOpen
29 Jan 2016Others₹3.00 CrOpen
06 Jan 2003Canara Bank₹0.08 MSatisfied
21 May 2001Canara Bank₹0.23 MSatisfied
15 Mar 2001Canara Bank₹0.04 MSatisfied

How Many Employees Work at Ashish Polyplast?

Ashish Polyplast has a workforce of 15 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Ashish Polyplast Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ashish Polyplast, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ashish Polyplast's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ashish Polyplast

Recent activity within the organization

  • Annual General Meeting

    Ashish Polyplast Limited last Annual general meeting of members was held on 11 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ashish Polyplast Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100645322 was registered on 07 Nov 2022.

  • Director Appointment

    Khushbu Mahendrabhai Kansara was appointed as a Director was appointed as a Director on 30 Aug 2022 & has been associated with this company since 2 years 6 months .

  • Charges

    A charge with Others of Rs. 3.00 Cr registered on 29 Jan 2016 with Charge ID 10616444 was modified on 28 Oct 2021.

  • Director Appointment

    Kalpesh Navinchandra Kansara was appointed as a Cfo was appointed as a Cfo on 05 Jul 2017 & has been associated with this company since 7 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ashish Polyplast Limited?

    Ashish Polyplast Limited was incorporated on 25 Feb 1994.

  • What is authorized share capital and paid-up capital of Ashish Polyplast Limited?

    The authorized share capital of Ashish Polyplast Limited is ₹ 3.75 Cr and paid-up capital is ₹ 3.40 Cr.

  • Who are the current board members & directors of Ashish Polyplast Limited?

    Currently 6 directors are associated with Ashish Polyplast Limited.

    • Khushbu Mahendrabhai Kansara
    • Kalpesh Navinchandra Kansara
    • Aayushi Prakashbhai Soni
    • Rakesh Narottamdas Panchal
    • Kantaben Panchal
    • Ashish Dahyabhai Panchal
  • What is the registered address of Ashish Polyplast Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ashish Polyplast Limited is 501 Fortune Business Hub Near Satyamev Elysium Science City Sola, India, Ahmedabad, Gujarat, 380060.

  • What is the corporate identification number (CIN) and company number of Ashish Polyplast Limited?

    The corporate identification number (CIN) of Ashish Polyplast Limited is L17110GJ1994PLC021391 and the company number is 021391 as per Ministry of Corporate Affairs (MCA).

  • Is Ashish Polyplast Limited registered with any stock exchange in India?

    Yes, Ashish Polyplast Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MMFL.

  • What is the official website of Ashish Polyplast Limited?

    The Official website of Ashish Polyplast Limited is https://www.ashishpolyplast.com

  • What has been the recent revenue trend for Ashish Polyplast Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ashish Polyplast Limited has fallen by -2.34%.

  • How many employees does Ashish Polyplast Limited currently have?

    As Per 2023 financial reports, 15 employees are currently employed by Ashish Polyplast Limited.

  • What change has been observed in the net worth of Ashish Polyplast Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ashish Polyplast Limited has experienced an upsurge of 3.12%.

  • What are the total open charges for Ashish Polyplast Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ashish Polyplast Limited amount to ₹ 3.40 Cr.

  • When was the last Balance Sheet of Ashish Polyplast Limited filed with the ROC?

    The most recent Balance Sheet for Ashish Polyplast Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial